I feel I receive fair pay for the responsibilities I have in my job
Precedent strongly believes in the idea of “soft rewards” – i.e. small rewards that are given regularly to recognise excellent work or performance. Rather than simple monetary bonuses which can often quickly be forgotten, these rewards tend to be something more individual, memorable and appropriate for the person. For example a meal for two at a nice restaurant, a weekend away or even simply iTunes vouchers. In addition to this, at the company’s annual company meeting held every April, Precedent reward the most hard working and highest achievers. The excursion is, in itself, a sort of reward as it involves time out of the office, dinner and an element of socialising, but more crucially, Precedent hold nominations for the Best Newcomer and Best Overall Performer. These nominations are open to everyone across the company and everyone is invited to contribute. The winner is selected by the senior management based on the nominations received as well as on general performance throughout the year.